India’s Tata Motors in Talks to Promote Minority Stake in EV Enterprise

India’s Tata Motors in Talks to Promote Minority Stake in EV Enterprise


BENGALURU (Reuters) – Indian carmaker, Tata Motors has begun discussions with soverign wealth funds and personal fairness traders to promote a big minority stake within the firm’s electrical car division, Economic Times newspaper reported on Thursday, citing sources.

Tata Motors didn’t instantly reply to Reuters’ request for remark.

(Reporting by Nishit Navin in Bengaluru; Editing by Janane Venkatraman)

Copyright 2023 Thomson Reuters.


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